FTX Latest: Key Takeaways From Tuesday’s Bankruptcy Hearing
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The collapse of Sam Bankman-Fried’s crypto empire has been swift and chaotic, leaving a group of bankruptcy experts to sift through the rubble. Tuesday’s first-day motions hearing in Delaware bankruptcy court marked a key moment in the public reckoning.
An attorney representing the firm told the court that a “substantial amount” of FTX Group’s assets “have either been stolen or are missing.”